THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL & ALL ANGELS, SUMMERTOWN
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £759,168 are largely tied up in restricted funds and fixed assets, leaving only £56,852 in working capital. This net current asset figure is below the trustees' stated policy target of approximately £150,000, which is intended to cover twelve months of commitments. The charity reported a net surplus for the year but notes that reserves are being rebuilt gradually to meet the policy target.
What the accounts disclose
“Net current assets now stand at £56,852 (2024: £46,239) are still below this sum and the trustees intend to re-build this reserve gradually on an annual basis.”
Trustees
- REV GAVIN KNIGHTchair
- ANN STEDMAN
- Catherine Noel Lack
- EMMA WILKINSON
- Graham Stevenson Kerr
- Ikenna Chikannene Okoli
- Jonathan Edward Arthur Scheele
- Lesley Noakes
- Lucia Costanzo
- Michael Hugh Taylor
- Professor Patrick John O'Meara
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £218k | £207k |
| 31/12/2024 | £199k | £178k |
| 31/12/2023 | £190k | £182k |
| 31/12/2022 | £171k | £183k |
| 31/12/2021 | £142k | £134k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL & ALL ANGELS, SUMMERTOWN financially healthy?
The accounts state that unrestricted reserves of £759,168 are largely tied up in restricted funds and fixed assets, leaving only £56,852 in working capital. This net current asset figure is below the trustees' stated policy target of approximately £150,000, which is intended to cover twelve months of commitments. The charity reported a net surplus for the year but notes that reserves are being rebuilt gradually to meet the policy target. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FULHAM AND SOUTH KENSINGTON BRANCH OF THE YOUNG MEN'S CHRISTIAN ASSOCIATION | 1 | — |
| GOSPEL PARTNERS TRUST | 1 | £86k |
| THE STREET FOUNDATION | 1 | £35k |
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